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Adobe appoints Scott Belsky chief product officer, Creative Cloud

Adobe has appointed Scott Belsky as chief product officer and executive vice president, Creative Cloud. In this new role, Mr. Belsky will lead product...

The U.S. Air Force, IBM building neurosynaptic supercomputer

IBM and the U.S. Air Force Research Laboratory (AFRL) are collaborating on a brain-inspired supercomputing system. According to IBM, the machine, powered by a 64-chip...

Delphi Automotive names Ana Pinczuk to its board of directors

Delphi Automotive has named Ana Pinczuk to its board of directors. Ms. Pinczuk brings more than 30 years of experience in high technology companies,...

Fairchild Appoints Gaurang Shah Head Of New Power Systems Group

Semiconductor company Fairchild has appointed Gaurang Shah to the position of senior vice president of the newly formed Power Systems Group. Mr. Shah will...

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Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.